Warren Buffett expresses his full faith in U.S. debt despite the S&P downgrade. "If...


Warren Buffett expresses his full faith in U.S. debt despite the S&P downgrade. "If anything, it may change my opinion on S&P," Buffett says. And while Berkshire Hathaway (BRK.A) is a big investor in Moody's (MCO), it did hold at least $40B in T-bills at the end of June.

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Comments (2)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    Here is the deal..when you mince words...yes the owners of T-bills will get paid back in US dollars....but that dollar today ...will be worth 100-1 million times more that what you are paid with....so as an investor you are toast..as a politician you can say "see we paid you back in full"....what side do you want to own
    8 Aug 2011, 08:48 AM Reply Like
  • Tom Au, CFA
    , contributor
    Comments (6831) | Send Message
     
    40 billion in T-Bills? Not gold and silver? Oh yes, he dumped his silver years ago.
    8 Aug 2011, 03:55 PM Reply Like
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